20 hottest tech stocks: week ended 9 October 2026
With the US technology sector as hot as ever, ii’s head of investment runs through the most-bought tech stocks on the ii platform, latest news and upcoming results.
9th October 2026 08:55
by Victoria Scholar from interactive investor
The HomePod mini display at an Apple store in Milan earlier this year. Photo: Matteo Della Torre/NurPhoto via Getty Images.
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SpaceX
Space Exploration Technologies Corp Class A (NASDAQ:SPCX) has regained its crown as the most-bought tech stock on the ii platform this week. The rocket, satellite and AI company has been a consistent feature of ii’s most-bought equities list since its $86 billion (£65 billion) IPO in June.
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This week the Financial Times reported that it is looking to raise $40 billion, consisting of $10 billion in bank loans and $30 billion in investment-grade debt. The proceeds will be used to fund a vast investment into Nvidia chips and other AI infrastructure.
Shares in SpaceX have rallied more than 11% over the past five sessions. However, its five-year credit default swaps (CDS), which measure its credit risk, rose to an all-time high following the report.
After a volatile start to life as a public company, SpaceX shares have rebounded by over 50% from the August trough.
According to Refinitiv, there is a consensus buy recommendation on the stock with an average price target of $230.37, around 37% higher than the current share price.
Nvidia
As usual, NVIDIA Corp (NASDAQ:NVDA) is one of the most popular tech stocks on the ii platform. It has been inching closer to becoming the first company in history to reach a market cap of $6 trillion (currently $5.7 trillion).
The smartphone revolution pushed Apple to become the first company to exceed a $1 trillion valuation in 2018. It later became the first company to hit $2 trillion and $3 trillion in 2020 and 2022 respectively.
As AI emerged as the market’s most powerful technological driver, leadership passed to Nvidia which became the first company ever to surpass $4 trillion and $5 trillion in quick succession last year.
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Despite a pullback between May and July, shares in Nvidia have still logged strong gains in 2026, up around 28% and outperforming both the S&P 500 and Nasdaq Composite.
Unsurprisingly, analysts remain optimistic about its outlook. According to Refinitiv there is a consensus buy recommendation on the stock, with an average price target of $324.55, up 35% from the current share price.
20 most-bought tech stocks on the ii platform
Source: interactive investor, 5-7 October 2026.
Other news
Samsung
Samsung Electronics Co Ltd DR (LSE:SMSN) forecasts third-quarter operating profit above 100 trillion won ($74.4 billion) for the first time as AI pushes prices higher because demand continues to outstrip supply in the memory chips market.
The tech giant is guiding for earnings of 107.4 trillion won, up 782% year-on-year. This is ahead of analysts’ expectations and would represents the fourth consecutive quarter of record operating profit. Third-quarter revenue is expected to rise by 127% year-on-year to 195 trillion won.
Looking ahead, there are concerns about whether this profit growth can continue, with the pace of earnings growth likely to slow in the fourth quarter. And the company’s mobile business looks less cheery, predicted to make a loss in the third quarter.
Shares in Samsung Electronics fell on Thursday but remain higher by 120% year-to-date. According to Refinitiv, analysts have a consensus buy recommendation on the stock with an average price target nearly 80% higher than the current share price.
Q3 results will be released on 29 October.
Week Ahead
Apple
Apple Inc (NASDAQ:AAPL) is expected to launch a new suite of smart home devices on Tuesday 13 October. According to media reports, a home hub could be its flagship new product – something similar to an iPad with smart speakers and a display placed permanently in a kitchen or living room. Reports suggest there could be multiple versions of the display including one on a stand, one mounted on a wall, and one with a robotic arm.
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According to Bloomberg, the tech giant could also be developing a doorbell, thermostat, and other accessories in a partnership with LG Electronics. It might launch an updated second version of its existing HomePod mini, which was first released in 2020. A new Apple TV 4K has also been rumoured, with faster processing, more memory and better Siri AI features.
It has been a busy start to life as Apple’s CEO for John Ternus who took over from Tim Cook last month. Later this month, the iPhone Duo, the first foldable iPhone will start shipping in time for the holiday season.
Apple shares are up around 24% so far this year. According to Refinitiv, there is a consensus buy recommendation on the stock.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.